--- title: "Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low - Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/284631441.md" description: "Persimmon Plc (OTCMKTS:PSMMY) has reached a new 52-week low of $27.51, closing at $28.20 with a trading volume of 19,228 shares. Despite this decline, analysts maintain a consensus \"Buy\" rating, with Morgan Stanley and Citigroup reaffirming their positive outlook. The company's 50-day and 200-day moving averages are $32.87 and $34.68, respectively. Persimmon is a leading UK residential property developer, offering a range of homes and after-sales services. However, it is not among the top stock recommendations by analysts at this time." datetime: "2026-04-29T19:26:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284631441.md) - [en](https://longbridge.com/en/news/284631441.md) - [zh-HK](https://longbridge.com/zh-HK/news/284631441.md) --- # Persimmon (OTCMKTS:PSMMY) Reaches New 1-Year Low - Here's Why Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $27.51 and last traded at $28.20, with a volume of 19228 shares. The stock had previously closed at $28.93. ## Analyst Ratings Changes PSMMY has been the subject of several analyst reports. Morgan Stanley reiterated an "overweight" rating on shares of Persimmon in a report on Tuesday, April 14th. Citigroup reiterated a "buy" rating on shares of Persimmon in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy". **Get Our Latest Analysis on PSMMY** ## Persimmon Price Performance The firm's fifty day moving average price is $32.87 and its 200-day moving average price is $34.68. ## About Persimmon (Get Free Report) Persimmon plc OTCMKTS: PSMMY is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company's product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners. Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK's most prolific housebuilders. ## Recommended Stories - Five stocks we like better than Persimmon _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Persimmon Right Now? Before you consider Persimmon, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Persimmon wasn't on the list. While Persimmon currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [PSN.UK](https://longbridge.com/en/quote/PSN.UK.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Persimmon Plc (OTCMKTS:PSMMY) Receives Average Recommendation of "Buy" from Analysts](https://longbridge.com/en/news/284079828.md) - [ZAWYA: Innovate Living breaks ground On Omoria Private Residences at Dubai Islands, advancing $545 million pipeline](https://longbridge.com/en/news/286915142.md) - [Emirates Palace to launch luxury private residences in Abu Dhabi](https://longbridge.com/en/news/286848438.md) - [ZAWYA: RAK Properties says concept masterplan for Four Seasons Private Residences finalised](https://longbridge.com/en/news/286527212.md) - [Private residential rents rebound in Q1: report](https://longbridge.com/en/news/286700722.md)